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Ezra Klein- Republicans have won. But can they stop there?

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n2doc Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 09:20 AM
Original message
Ezra Klein- Republicans have won. But can they stop there?
We don't yet know what the final deal to raise the debt ceiling will be. But now that Harry Reid is developing a proposal with $2.7 trillion in cuts and nothing in revenues, it's a safe bet that it won't include any tax increases. Which means that whether Republicans realize it or not, they've won. The question now is whether they can stop.

Originally, the Democratic position was that we should simply raise the debt ceiling. Republicans said "no." There would have to be a deal that reduced the deficit by at least $2.4 trillion -- which is the size of the debt ceiling increase needed to get us into 2013.

Then the Democratic position was that we should raise the debt ceiling through a deal that reduced the deficit by about $2.4 trillion, with $2 trillion of that coming from spending cuts and $400 billion coming from taxes. Republicans said "no." There would have to be a deal that disavowed taxes.

Then the Democratic position was that we should raise the debt ceiling through a deal brokered by Barack Obama that reduced the deficit by $4 trillion, with about $3 trillion of that coming from spending cuts and about $1 trillion coming from tax increases. Republicans said "no." There would have to be a deal that disavowed taxes, and it would have to be cut between the congressional leadership of the two parties. Obama couldn't have this as a win.

If you take the Republicans' goals as avoiding a deal in which they have to vote for tax increases and denying Obama a political victory, it looks like they have succeeded. That success has come with costs -- they've done themselves political damage, are risking a crisis that could do the economy tremendous harm, and have left the Bush tax cuts unresolved, which means they might end up watching taxes rise much higher than if they'd taken Obama's offer -- but it's still been a success.

The question is, what happens if they don't stop pushing?

more

http://www.washingtonpost.com/blogs/ezra-klein/post/wonkbook-republicans-have-won-but-can-they-stop-there/2011/07/25/gIQAFHVIYI_blog.html
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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 09:24 AM
Response to Original message
1. It takes the American people to push back
but the constant back and forth create apathy and soon enough the voters will tune out - will at least until reality hits - then they'll be outraged, The only question in Washington is Who?
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gateley Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 09:26 AM
Response to Reply #1
3. They don't seem to be listening to us! It's frightening, almost.
Like they're in the Cone of Silence and we're outside wailing and pounding and railing, and they don't hear a peep.

It is so FRUSTRATING!

And in this particular instance, there is so much to lose! :(

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DearAbby Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 09:27 AM
Response to Reply #3
4. +1
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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 09:35 AM
Response to Reply #3
8. Hard to say how the Blame Game will play out
so much depends on how the media spins this

So far most media outlets have worked feverishly to ignore the polling numbers of Americans against cuts to social programs. Instead they keep bring up the poll numbers from 1 month ago when most Americans could care less if we defaulted
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joeybee12 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 09:24 AM
Response to Original message
2. Until someone stands up to them and slaps them down, they won't stop...In other words,
they won't stop.
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gateley Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 09:29 AM
Response to Reply #2
5. But who? Many tried that during the mid-terms and they
STILL don't seem to be listening. We've deluged them with calls and e-mails, threatened them with our votes, campaign contributions, but to no avail.

I know I might get grief for this, but I'd like to see another Ross Perot come on the scene.

I am so mad at both parties right now, and furious with the majority of Americans who aren't paying attention.

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BeFree Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 09:32 AM
Response to Reply #2
7. All we have is Bernie Sanders
An old white guy who isn't even a democrat.

All the people we have who would be pushing back, are, according to the party: Too Liberal.
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blkmusclmachine Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 09:30 AM
Response to Original message
6. Economic terrorism.
n/t
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